The exemption has been expanded to cover capital goods required for manufacturing lithium-ion cells for Battery Energy Storage Systems (BESS). The list of exempted items now
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Finance Minister Nirmala Sitharaman on Sunday announced an extension of basic customs duty exemption on capital goods used for manufacturing lithium-ion cells for battery storage in the
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The budget proposes extending the basic customs duty (BCD) exemption on capital goods used for manufacturing lithium-ion cells. Importantly, this benefit has now been expanded to include
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India''s Union Budget 2026-27 proposes customs duty exemptions on goods for lithium battery production. This move aims to build a strong electric vehicle ecosystem. The budget also
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The Union Budget 2026 has extended the basic customs duty exemption given to capital goods used for manufacturing of lithium-ion cells for batteries to battery energy storage systems too.
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Customs duty relief for lithium-ion cells A key proposal was the extension of the basic customs duty (BCD) exemption on capital goods used for manufacturing lithium-ion cells, with the
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Budget 2026: Finance Minister Nirmala Sitharaman announces continued exemptions on the basic customs duty on battery manufacturing.
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India''s Union Budget 2026–27 extends basic customs duty (BCD) exemptions on the import of capital goods used for lithium-ion cell production for battery energy storage systems
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Capital goods used in producing lithium-ion cells for batteries and battery energy storage systems (BESS) and solar glass will now be exempt from basic customs duty
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